Momentum partners with accounting body to fund professional development

The Momentum financial services group will provide funds to support professional development and student initiatives at the Institute of Chartered Accountants of Namibia (ICAN).

The group announced the N$150 000 commitment to ICAN on Monday. Over the next 12 months, Momentum’s funding will finance training sessions, student-support initiatives, leadership forums and industry engagement events.

“As Namibia enters its next phase of economic growth, the demand for competent (Namibian) accounting, finance and business professionals (which the CA qualification delivers) is ever greater. This partnership demonstrates our dedication to developing the country’s future leaders,” Momentum Investments managing director Jason Hailonga says.

Hailonga is a member of ICAN and calls himself a product of the institute’s outreach programmes to high schools and universities.

“ICAN, as Namibia’s premier accounting body, has over the years transformed into a body that is reflective of the demographics of Namibia and trained and delivered competent professionals that add immense value to the respective sectors in which they find themselves,” he says.

Momentum Metropolitan spokesperson Denille Roostee called the partnership an “investment in Namibia’s future”.

ICAN chief executive Samantha Schwartz says partnerships with organisations helps to build the country’s professional capacity.

“This partnership will enable us to broaden our reach, enhance programme quality and create more opportunities for aspiring and practising Chartered Accountants throughout Namibia,” she said.


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